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20130201
20130228
Search Results 0 to 13 of about 14 (some duplicates have been removed)
causing a controversy ahead of elections due to come up this september. angela merkel's government has presented plans to slow the rise. >> the plan involves limiting the surcharge consumers paid to support the expansion of renewable energy like wind and solar, but that could prove controversial. >> renewals like wind and solar now account for a quarter of the electricity produced in germany, but going green costs money. now the government plans to cap electricity costs both by cutting green energy subsidies and scrapping special allowances for industries that use large amounts of energy. >> we all know that price is not the only issue in germany's energy transition, but it is an important issue that has lots of people worried, so we have to give some answers. >> the government wants to keep prices stable by canceling a planned 2 billion euros increase to a green energy subsidy paid by consumers, but first, they have to convince opposition parties to go along with it. >> we cannot allow them to put the brakes on expanding renewable energy. we want to meet the goals we have set for clim
were touchdowns and were ads were fumbles. >> mariana rajoy meets angela merkel. >>> plus, upcoming elections that sylvia berlusconi has called his last great electoral and political battle. >>> the power to split up uk banks if they fail to -- activity. george osborne is expected to give the bank of england the responsibility to make sure banks are involved in these activities. you have to love the extended analogy. watch the george osborne speech live here at 10:30 local for those of you here with us in the uk. in the meantime, there are more charges at the top over at barclay's. last night, the bank's financial chief and financial chief announced their leaving. tomorrow, barclay's ceo anthony jenkins will face questions in parliament over banking standards and next week he will present his long awaited plans for transforming the bank. >>> and a number of stories about rbs also in the weekend press. the sunday times reporting the bank will announce a 500 pound settlement with u.s. and uk regulators later this week. rbs will cover the bonus pools after a warning from the government
>> italian collections turning into a cliffhanger. >> angela merkel close to angola. >> at the oscars, ben aflac's i ran in conflict, "argo" takes home the prize for best picture. captioned by the national captioning institute --www.ncicap.org-- >> it looks like it will come down to the wire in italy where the latest election results appear to be pointing towards political gridlock. this poll is crucial as they are deciding who will lead them to the debt crisis. >> the votes are still being counted, but it looks like the central left is neck-and-neck with the central right, led by former leader burlesconi. the outcome could decide whether austerity is in or out. early predictions givingpier luigi bersani a clear lead in the lower house of caller meant. -- of parliament. as most likely partner is outgoing prime minister, mario monti, the architect of an austerity program popular with the international world. he may have been upstaged, but they currently have a slim lead in the upper house of parliament. a further muddying the picture, his tirades against the political
minister and chancellor angela merkel, we heard a lot of talk about that possible free-trade agreement between the eu and the u.s. we heard john kerry in your report just they're talking about jobs, jobs, jobs. there appears to be a great deal of economic pressure on both sides of the atlantic driving some motivation toward a possible free trade deal, but again, there were other foreign policy issues, including afghanistan and, particularly, syria on the agenda. >> what about this free trade deal? >> there is talk right now of actually getting negotiations going formally sometime this coming summer. within two years, that is the time frame they are talking about, officials right now, of having some sort of deal in place, but there are huge hurdles on the way. there's been talk of a free- trade agreement for a long time. many people thought it would be dead. it appears to be revived with great economic pressure to get it going. >> thank you very much for that. >> last year, the white house announced a big strategic shift, what it calls it pivot to asia, as a response to the rise of chin
, political stability. >> earlier, we spoke with a foreign policy spokesman, one of angela merkel christian democrats, and we asked about what international security had to do with energy policy. >> country and a new chance for them because they would be a major decrease of the prices for energy in america. because of the shale gas and crude oil debate, this would change the geopolitical situation also in the middle east because not any longer setting arabia will be the field station for america. maybe this will change in 10 or 15 years. this is part of this conference. m staying with the energy sector, a u.s. oil giant, exxon mobil's, has posted 2012 earnings just shy of $45 billion. yes, that was billion. the second highest ever for a publicly held company, despite slight declines in its oil and gas business, the company improve its bottom line by about 6% compared to 2011. strong performance from exxon's refinery division helped drive the growth. the $45 billion mark is just a couple hundred million dollars shy of the all-time record set back in 2008 by -- you guessed it -- exxon. better
clearly divided, german chancellor angela merkel was keen to play down the differences and talk up the prospects of reaching agreement. >> the starting positions are quite far apart. but speaking for germany, i say we will do everything we can to come to an agreement. because in times of uncertainty and high unemployment, it is essential for people to be able to plan their future. >> it is about politics, not just numbers. the trick will be to find a deal that allows each of the 27 national leaders to claim victory when they return home, and members of the european parliament have warned that if the budget makes too many cuts, they may veto the whole package. >> will there be a deal this time around? for more on the budget summit, let's go now live to brussels and our correspondent. the start of this conference has been put off. what is happening? >> let's be clear. the official start of the conference has been put off, but really, there has been tough bargaining going on behind the scenes since this afternoon. especially great britain seems to be a tough nut to crack, and there do
originally proposed. >> german chancellor angela merkel went into the talks saying she was confident the agreement would be reached. in the end, the 27 member states came up with a compromise that even british prime minister david cameron welcomed as a good deal for britain >> it is perhaps nobody's perfect budget, but there is a lot in it for everybody. obviously, you can look at the end result through many, many prisons. from the overall european perspective, i want to emphasize that the budget is future- oriented. it is realistic. it is driven by pressing concerns. >> the total budget ceiling over the next seven years has been tapped at about 960 billion euros. it is the first-ever net reduction. reaching a unanimous agreement between all of the eu's member countries was a difficult task. >> it is not easy reach an agreement between 27 different countries, but we've managed it, so we are now confident and positive going into negotiations with the european parliament. we know it will not be easy, but we are all agreed that what is important is that we have taken a great stride towa
need to say to mrs. merkel, mr. president: angela, eisenhower, brant, schmidt, cole, all of these men had a vision of europe. help me to achieve our vision of europe. you've said that you would recreate the french vision when you were elected, and now in the council you can help breathe life back into the european vision. thank you. [applause] [speaking in native tongue] >> translator: thank you very much, indeed. now on behalf of the united liberals and -- [inaudible] displt thank you, president. mr. swoboda's already done it, but let me say again, let me thank you -- congratulate the liberal in you, if you don't mind. i don't want to create problems that your socialist friends, but your struggle in favor of marriage for all is a step forward, it's a new freedom, and it's at the heart of the battle that we're trying to fight in our group. thank you very much. [applause] [speaking in native tongue] >> translator: sixty years ago, jean manet said we're bringing together men, we're not bringing together states. and, in fact, still true, mr. president. our union only has a meaning if it
Search Results 0 to 13 of about 14 (some duplicates have been removed)